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Connecticut
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






Connecticut Real Estate Market & Appreciation

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$330,479

Number Of Homes And Apartments:
1,385,437

Connecticut Home Prices

> $1,259,643
$944,624 - $1,259,643
$629,751 - $944,623
$503,738 - $629,750
$377,855 - $503,737
$251,893 - $377,854
$125,982 - $251,892
$63,004 - $125,981
$0 - $63,003
4.3%
4.3%
3.1%
3.1%
7.8%
7.8%
8.3%
8.3%
16.8%
16.8%
26.6%
26.6%
27.1%
27.1%
4.0%
4.0%
2.1%
2.1%
0.0% 100.0%
% OF HOMES

Connecticut Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q4 - 2022 Q1
2.49% 10.36%
2
Last 12 Months:
2021 Q1 - 2022 Q1
16.05% 16.05%
4
Last 2 Years:
2020 Q1 - 2022 Q1
26.30% 12.38%
6
Last 5 Years:
2017 Q1 - 2022 Q1
35.40% 6.25%
2
Last 10 Years:
2012 Q1 - 2022 Q1
35.04% 3.05%
1
Since 2000:
2000 Q1 - 2022 Q1
99.90% 3.20%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,842 / per month

Homeownership Rate

Owners
Renters
Vacant
64.0%
64.0%
36.0%
36.0%
8.9%
8.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.8%
9.8%
33.7%
33.7%
35.0%
35.0%
21.5%
21.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
59.0%
59.0%
5.6%
5.6%
16.7%
16.7%
17.9%
17.9%
0.8%
0.8%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.3%
2.3%
12.7%
12.7%
26.8%
26.8%
36.4%
36.4%
17.2%
17.2%
4.6%
4.6%
0.0% 100.0%
% OF HOMES